Monday, November 13, 2017

Both the U.S. House and Senate have released 
their tax reform proposals.

I
ndependent Sector estimates a potential loss of $13.1 billion for charitable giving if some of these proposals pass.

See below for details and link to take action.
FCA Action Alert

What is the status of proposed tax reform policies and the

potentially negative impact on charitable donations? 


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      Please read  Dan Cardinali, president and CEO of Independent Sector, November 10, 2017, update regarding the U.S. Senate and House tax reform proposals.





     

       Ask for Universal Charitable
Tax Deduction in the Tax Reform Bill

     Ask your U.S. Representative and Senators Bill Nelson and Marco Rubio to please include a new " universal charitable tax deduction" provision that could be made available to ALL taxpayers, both itemizers and non-itemizers.

Here are the details and action center to communicate with
your members of Congress.

     


     With the incentive of a charitable tax deduction given to all taxpayers, it is anticipated that charities could see a $4.8 billion increase in donations per year, instead of an estimated loss of $13.1 billion that would occur under some of the proposed tax reform changes being discussed now by Congress.


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for communicating with your members of Congress.